Sensex down 162.23 pts

Sensex down 162.23 pts

Agency News

Mumbai, Feb 10: The BSE Sensex on Monday tumbled down by 162.23 points to settle at 40,979.62, as selling pressure was witnessed across the board amid weak global cues.

The National Stock Exchange (NSE) too eased by 66.85 points to 12,031.50. The Nifty registered days high and low at 12,103.55 and 11,909.75 points respectively.

The day opened on a positive note at 41,166.72, rising by 25 points. It rose by 31 points to 41,172.06, day's high. Later, it nosedived nearly 243 points to 40,798.98, days low before closing at 40,979.62, sliding by 162.23 points from its last close.

The sectoral indices like Materials, Auto, Power, Realty, Capital Goods and FMCG dragged the marker for another session today. In scrips, M & M, Tata Steel, ONGC, Sun Pharma and HeroMoto Corp dropped while buying in Bajaj Finance, TCS, Kotak Bank and Asian Paints capped from further losses, broker informed.

The S&P BSE Mid-Cap index fell 0.78 pc while the S&P BSE Small-Cap index lost 0.43 pc. The market breadth favored the sellers. On the BSE, 986 shares rose and 1553 shares fell. A total of 169 shares were unchanged. In the Nifty 10 index, 40 stocks advanced while 25 stocks declined.

European markets opened lower while most Asian markets continued to trade lower on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity. (UNI)